
Yohan and Michelle Poonawalla Invest in TOVA to Boost Wellness Beverage Revolution
You're reading Entrepreneur India, an international franchise of Entrepreneur Media.
In a strategic move signaling their commitment to health innovation, Yohan and Michelle Poonawalla have invested in TOVA, a growing mass-premium beverage brand that offers immunity-boosting, herb-infused packaged water.
The funds from this investment will be deployed to strengthen TOVA's research and development, expand nationwide distribution, and scale its impact on everyday wellness.
"We are deeply honoured to have the support of the Poonawalla Group," said Lakshmi and PS Srinivasan, Co-founders of TOVA. "Their belief in our mission to make wellness accessible through innovation will help us accelerate growth and deepen our impact."
TOVA was founded in 2022 under the umbrella of Ayushkalki Wellness by Lakshmi Srinivasan and PS Srinivasan. The brand is a pioneer in bridging ancient Ayurvedic wisdom with modern convenience.
Its flagship offerings include herb-infused functional waters, formulated to support immunity, hydration, and holistic well-being—crafted using cutting-edge R&D in partnership with India's leading food technology institutes.
Positioned in the "mass-premium" category, TOVA is democratising wellness by offering natural, easy-to-consume, and affordable health beverages to the growing population of health-conscious Indians.
"Investing in TOVA is an extension of our belief in promoting a healthier future," said Yohan Poonawalla, Chairman of The Poonawalla Group. "We are excited to support a brand that marries tradition with innovation to serve the modern consumer."
Michelle Poonawalla, Director of The Poonawalla Group, added, "TOVA's research-driven approach and focus on sustainability and quality align perfectly with our values. We see this as a long-term partnership with immense potential."
This investment further cements the Poonawalla Group's role as a catalyst for new-age Indian enterprises that blend purpose, innovation, and social impact.
Hashtags

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Yahoo
19 minutes ago
- Yahoo
Unilever's India arm posts higher quarterly profit on rural demand recovery
(Reuters) -Indian consumer goods maker Hindustan Unilever reported a nearly 8% increase in quarterly profit on Thursday, lifted by an ongoing recovery in rural markets. The Indian unit of UK's Unilever, home to the Dove and Surf Excel brands, said its profit rose to 27.32 billion rupees ($311.8 million) for the first quarter ended June 30, from 25.38 billion rupees a year earlier. Rural areas, which account for just over a third of overall consumer goods sales, have become a bright spot for an industry that is struggling with higher living costs and slow wage growth in large cities. For Hindustan Unilever, revenue climbed 4% to 157.47 billion rupees, helped by growth in its home care as well as beauty and wellness businesses. Shares in Hindustan Unilever were up marginally after the results. ($1 = 87.6300 Indian rupees) Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data


Bloomberg
21 minutes ago
- Bloomberg
Indian Rupee Nears Record Low as Trump's Tariff Threatens Growth
The rupee extended its losses, weakening toward a record low after US President Donald Trump announced plans to impose tariffs of at least 25% on Indian exports, higher than previously anticipated. The currency fell as much as 0.4% to 87.7375 per dollar in early Mumbai trading, approaching the all-time low of 87.9563 reached in February. Equities also declined, with the NSE Nifty 50 Index falling as much as 0.9%.


Bloomberg
27 minutes ago
- Bloomberg
Why Trump Hit India With 25% Tariff: US Ex-Official
President Donald Trump said he would impose a tariff of at least 25% on India's exports to the US starting Friday, citing India's high tariffs and trade barriers. Nisha Biswal, a former official at the US International Development Finance Corp., breaks down why the development is a disappointment for India. (Source: Bloomberg)